Former DHS cyber official Schneck takes financial consulting job
Phyllis Schneck, the most senior official with a cybersecurity-specific job at the Obama-era Department of Homeland Security, has landed at Promontory Financial Group, one of Washington’s most powerful and best-connected banking consultancies. Schneck, who was deputy undersecretary for cybersecurity and communications in DHS’s National Protection and Programs Directorate, told friends that she started last week. The Promontory website lists her as “managing director and global leader of cyber solutions” in the company’s Washington, D.C., office. Neither Schneck nor a representative of the company immediately responded to an email requesting comment. Promontory is a behind-the-scenes powerhouse packed with former banking regulators and other ex-officials — from founder and former U.S. Comptroller of the Currency Eugene Ludwig to board member and former White House Chief of Staff Ken Duberstein. Indeed a large chunk of the company’s revenue comes from outsourced oversight. It’s hired by regulatory agencies, for example, to backstop overworked staff by monitoring punishment deals […]
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